Common use of CAPITAL PLAN Clause in Contracts

CAPITAL PLAN. (1) Within sixty (60) days, the Board shall submit to the Assistant Deputy Comptroller for his review and prior written determination of no supervisory objection, a written Capital Plan for the Bank covering at least a three (3) year period. The Capital Plan shall include:

Appears in 1 contract

Samples: Agreement by And (Westbury Bancorp, Inc.)

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CAPITAL PLAN. (1) Within sixty ninety (6090) daysdays of the Effective Date of this Agreement, the Board shall submit to the Assistant Deputy Comptroller for his review and prior written determination of no supervisory objection, non-objection a written Capital Plan for the Bank capital plan, covering at least a three (3) year period, that is consistent with the strategic plan required by Article V. Upon receiving the Assistant Deputy Comptroller’s supervisory non-objection to the capital plan, the Board shall, at its next board meeting, adopt the capital plan, and thereafter ensure the Bank’s implementation of and adherence to the capital plan. The Capital Plan capital plan shall include:

Appears in 1 contract

Samples: www.occ.gov

CAPITAL PLAN. (1) Within sixty (60) daysdays of the Effective Date of this Agreement, the Board shall submit to the Assistant Deputy Comptroller for his review and prior written determination of no supervisory objection, non- objection a written Capital Plan for the Bank capital plan, covering at least a three (3) year period. Upon receiving the Assistant Deputy Comptroller’s supervisory non-objection to the capital plan, the Board shall, at its next board meeting, adopt the capital plan, and thereafter ensure the Bank’s implementation of and adherence to the capital plan. The Capital Plan capital plan shall include:

Appears in 1 contract

Samples: Agreement by And

CAPITAL PLAN. (1) Within sixty ninety (6090) days, the Board shall submit to the Assistant Deputy Comptroller for his her review and prior written determination of no supervisory objection, a written Capital Plan for the Bank covering at least a three (3) year -year period. The Capital Plan shall be consistent with OCC Bulletin 2012-16 Guidance for Evaluating Capital Planning and Adequacy and, at a minimum, shall include:

Appears in 1 contract

Samples: www.occ.gov

CAPITAL PLAN. (1) Within sixty (60) days, the Board shall submit to the Assistant Deputy Comptroller for his review and prior written determination of no supervisory objection, a written Capital Plan for the Bank covering at least a three three-year (3) year period. The Capital Plan shall include:

Appears in 1 contract

Samples: Agreement by And

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CAPITAL PLAN. (1) Within sixty (60) days, the Board shall submit forward to the Assistant Deputy Comptroller for his review and prior a revised, written Capital Plan for the Bank, consistent with the Bank’s Business Plan as required by Article III, covering at least a three-year period. At the next Board meeting following receipt of the Assistant Deputy Comptroller’s written determination of no supervisory objection, a written Capital Plan for the Board shall adopt and the Bank covering at least a three (3) year periodshall implement and thereafter ensure adherence to the Capital Plan. The Capital Plan shall include:

Appears in 1 contract

Samples: Agreement by And (PSB Holdings, Inc.)

CAPITAL PLAN. (1) Within sixty (60) days, the Board shall submit forward to the Assistant Deputy Comptroller for his review and prior a revised, written Capital Plan for the Bank, consistent with the Bank's Business Plan as required by Article III, covering at least a three-year period. At the next Board meeting following receipt of the Assistant Deputy Comptroller’s written determination of no supervisory objection, a written Capital Plan for the Board shall adopt and the Bank covering at least a three (3) year periodshall implement and thereafter ensure adherence to the Capital Plan. The Capital Plan shall include:

Appears in 1 contract

Samples: www.occ.gov

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